The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: MulhollandDrive who wrote (21536)	6/10/2004 10:32:33 PM
From: Jim McMannis	Read Replies (1) of 306849

Based on the acceleration of RE prices compared to say 1979-80 (where the prime hit 21% and the 30 yr hit like 16%) (don't hold me to that exact), I'd say a lot higher than that. Just a WAG... What it's telling me though is that the RE frenzy in So. Cal..and other hot places may even crescendo higher... 7% may not slow it down compare to what it took in 1979-80. Of course, it's different this time...

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